The Union Cabinet on Thursday approved a revision in the formula for pricing of natural gas and imposed cap or ceiling price to help cut CNG and piped cooking gas prices by up to 10 per cent. Natural gas produced from legacy or old fields, known as APM gas, will now be indexed to the price of imported crude oil instead of benchmarking it to gas prices in four surplus nations such as the US, Canada and Russia, Union I&B Miniser Anurag Thakur told reporters after a meeting of the Cabinet. APM gas will be priced at 10 per cent of the price of basket of crude oil that India imports (Indian basket of crude oil).
Making the announcement, the Ministry of External Affairs said on Tuesday that India will hold the G20 presidency from December 1, 2022, and will convene the G20 leaders' summit in 2023 for the first time.
Evidently, households see a brighter future after the Budget, reveals Mahesh Vyas.
Paswan, one of India's most prominent Dalit leaders and eight-time Lok Sabha MP died on Thursday at the age of 74.
The turmoil, if you read the headlines, is about the so-called funding winter. Deep down, though, the question is one of the common direction in which founders and investors need to pull, points out Suveen Sinha.
For the past one week, Modi has been holding in-person meetings with Union ministers apparently to take stock of the work done by the government in the last two years and to discuss various issues.
Prime Minister Narendra Modi has been holding in-person meetings with Union ministers in different groups apparently to take stock of the work done by them in the past two years, sources said.
Deputy CM Manish Sisodia says it's the 'biggest failure of our system'.
The real requirement for the finance minister's explanatory speech is to explain the measures taken in the Budget to influence inflation and growth not just through the announcement of a deficit goal, but more broadly through the impact on money supply, consumer demand, foreign trade and investment, explains Nitin Desai.
'People are distressed that the central government is fighting everyone'
Nestle was perceived as being feeble in its defence.
Responding to the NCP leader's remarks, Tomar said Pawar, who is a veteran leader, is also considered well-versed with the issues and solutions relating to agriculture. "Pawar himself tried hard to bring the same agriculture reforms earlier."
Here are some of the key farmer leaders who fronted the protests.
Five days after the induction of 18 ministers into his cabinet, Maharashtra Chief Minister Eknath Shinde on Sunday allocated portfolios, keeping Urban Development and 11 other ministries with himself, while giving the crucial Home Department to Deputy CM Devendra Fadnavis.
However, the hike in salary for government officials may take some time as the Centre had earlier this year decided to put a freeze on any hike in the DA of its employees till July, 2021, owing to the Covid-19 pandemic.
The Index of Industrial Production (IIP) grew by 1.4 per cent in November as most components like manufacturing, electricity, mining, primary goods, and consumer durables witnessed a slowdown, according to data released by the National Statistical Office (NSO) on Wednesday. This is on the base of a decline of 1.7 per cent in November 2020 and before the new Covid variant started impacting economic activity. IIP growth was lower than the 4 per cent expansion recorded in the previous month but was better than a 1.6 per cent contraction seen in November 2020. Separately, rising prices of kitchen staples pushed retail inflation, or rate of price increase, to 5.59 per cent in December 2021, bringing it close to the upper band of Reserve Bank's comfort zone.
Indian companies are planning to increase investments in the new year to expand capacity, acquire companies, and go on a hiring spree, a survey of top executives showed. They, however, cited rising costs, weak consumer demand, and increasing interest rates as major concerns for 2023 which may impact their plans.
Paswan, one of the most prominent Dalit leaders of the country who had been a part of several governments headed by rival parties, died on Thursday at the age of 74.
Nearly five months after its soft launch, the government's e-portal, the National Single Window System (NSWS), is seeing a significant increase in the number of investors using it to get a bunch of approvals for their ventures. The first clearance was granted on 18 January. Since then, the progress has been good. Out of the 1,258 registered users on the portal, 378 were registered in the last one week.
He said the officials of his department, despite facing various hardships due to the unrest in the Valley, worked day and night to provide foodgrain to the consumers.
Petroleum and Natural Gas Minister Dharmendra Pradhan speaks to Sheela Bhatt/Rediff.com.
The move came after Prime Minister Narendra Modi told chief ministers of the seven worst affected states on Wednesday that his government has increased the states' limit to spend the SDRF to boost infrastructure to fight the pandemic.
The Seventh Pay Commission had decided to choose the CPI-IW as the index for adjusting inflation for central government employees.
'Several businesses like entertainment, hospitality, travel etc would never be the same again.'
Prime Minister Narendra Modi on Friday held deliberations with Home Minister Amit Shah and BJP president J P Nadda amid speculation about a reshuffle in the Union cabinet, an exercise Modi has not undertaken since forming the government for a second time in May 2019.
If you have seen Zwigato, Param Kumar's story will sound familiar. Laid off from his job as a repairman at a Gurugram-based water purifier provider, he now delivers groceries and food for a mobile-based delivery app, in Delhi. Kumar, who started making deliveries last August, told Business Standard that he is working longer hours than his older salaried job as an RO repairman, and has no paid leaves or health insurance. Kumar is part of India's estimated 7.7 million-strong force of gig workers.
'Nirmalaji must consider herself a very lucky finance minister, partly because of the government's response to covid and partly because we as a nation have done very well as an economy, post pandemic.'
Vegetables account for 5.44 per cent of the Consumer Price Index.
'Who would think of making a bank of poor women? She had vision and boldness.'
These flights belong to the fleet of Air India, Air India Express, IndiGo, Spice Jet, Vistara, Go Air, and also planes from Air Force.
The agriculture ministry, in the last few weeks, issued guidelines and letters to states to ensure agriculture and food products reach consumers in a timely manner, while farmers don't have to come to the mandis to sell them.
Is it a divine, sacrosanct university, a holy cow, prohibiting human intervention?
Finance Minister Arun Jaitley presented the Union Budget.
A team of 50 people led by celebrity chef Sanjeev Kapoor and NGO Akshaya Patra supervised the night-long preparations and yoga guru Ramdev put crowning tadka in the dish at the World India Food event that will conclude on Sunday.
Although the Disaster Management Act for Covid containment measures, considered a hindrance in conducting the census, was withdrawn in March this year the Centre has not taken any further action on conducting the much-delayed population enumeration.
In a communication to chief secretaries of all states and union territories, Union home Secretary Ajay Bhalla said the ministry of home affairs, under the Disaster Management Act, has allowed manufacture or production, transport and other related supply-chain activities in respect of essential goods like foodstuff, medicines and medical equipment during the 21-day lockdown.
Fifteen Cabinet ministers and 28 Ministers of State were sworn-in by President Ram Nath Kovind at a ceremony at Rashtrapati Bhavan on Wednesday evening.
A customer dissatisfied with his dining experience can have service charge on his food bill waived.
He is not good at thinking through laws and policies. His lockdown produced chaos and misery and didn't stop Covid. His GST finished off thousands of companies and reduced the amount of tax government collects to such an extent that he cannot pay state governments any more, observes Aakar Patel.
The states that witnessed high CPI-based inflation rates were Lakshadweep, Tripura, Odisha, Uttar Pradesh, Kerala, Madhya Pradesh, Puducherry, Tamil Nadu, Rajasthan, Manipur and Mizoram.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances